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3D Printed Composite Materials Market is Anticipated to Grow at a Booming CAGR of 27.3% by 2028| Leading Players: Markforged, Stratasys Ltd., 3D Systems Corporation, 3DXTech, EnvisionTEC, DWS Systems, and DeltaMed among Others

07-15-2020 09:57 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: QUINCE MARKET INSIGHTS

3D Printed Composite Materials Market

3D Printed Composite Materials Market

QMI comes with an in-depth analysis and prediction report on the 3D printed composite materials Market. A new research has been carried out across many regions and sectors. It offers a wide-ranging survey report of market players, product type and application level from all key regions like North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, and Rest of the World. This study report shows growth in revenues of 3D printed composite materials market in USD from the 2020-2028 forecast periods. The Global 3D printed composite materials Market Research Report covers all of the significant developments that are being implemented recently across the global market. The study also offers reliable industry values highly dependent on the end-user as well as manufacturers in Global 3D printed composite materials market. The 3D printed composite materials market study also makes extensive mention of the major market players operating in this sector. According to this report the market will show a CAGR of 27.3% during the forecast period.

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3D printer or additive manufacturing (AM) in the composite industry remains at a new level. In the majority of vertical industries such as aerospace and defense and automotive, technology has tremendous opportunities. The technology provides a range of advantages over current methods, such as reduced part cycle time, efficient component production, variable geometry development capability, waste reduction, no expensive equipment required and all possible combination of materials compatibility.

Key Factors Impacting Market Growth:
• 3D printed composites materials provide good electrical, thermal, and mechanical properties such as flexural strength, durability, high stiffness and compatibility to that of other competing materials parts
• Production of 3D printed composites materials/components are performed in moldless and without autoclave environment
• Growing demand for composite materials, parts & components from aerospace & defence, automotive and healthcare industries along with the increasing R&D activities

The growth of the market in 3D printed composite materials is expected to be driven during the forecast period by growing demand for carbon fibres composites in major industries such as aerospace & defense and automotive.

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The global 3D printed composite materials market has been segmented based on end-use, composites type, technology type, and region. Based on the end-use the market size is further segmented into Aerospace & Defense, Healthcare, Automotive, Others. Based on composite types, carbon fiber composites segment is anticipated to be a prime segment of the 3D printed composite materials market during the forecast period in terms of both volume and value. Positive growth indicators in the automotive industry will drive the 3D printed composite materials market. The market is segmented based on technology type as material extrusion technology, fusion bed infusion, others. Material extrusion technology is expected to remain the most dominant technology for the fabrication of 3D-printed composite parts during the forecast period.

The 3D printed composite materials market has been studied for regions including North America, Asia Pacific, Western Europe, Eastern Europe, the Middle East, and the Rest of the World. The North American region is anticipated to be the largest market share for 3D printed composite materials market during the forecast period due to the strong foothold of manufacturers of advanced composites globally followed by Western Europe.

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A lot of companies are key players in the 3D printed composite materials market which are studied extensively in this report. To strengthen their product portfolio and increase their market share the key manufacturers/ companies are constantly improvising their goods and services. The report provides an in-depth review of the Growth Factors, Potential Challenges, Distinctive Patterns and Market Participant Opportunities to allow readers to fully understand the 3D printed composite materials market. Major vendors included in the market study along with stock determinations, market share, and sales, figures, efficiency, size, production, cost, and revenue. The QMI’s chief objective is to offer crucial insights into current trends, competitive positioning, market potential, alternative related statistics, and growth rates.

The Key Players mentioned in our report are: Markforged, Stratasys Ltd., 3D Systems Corporation, Arevo Labs, Cincinnati Incorporated, Graphite Additive Manufacturing Limited, CRP Group, 3DXTech, Treed Filaments, Black Magic 3D, EOS, Prodways, EnvisionTEC, DWS Systems, and DeltaMed

Market Segmentation:

By End-Use Industry:
• Aerospace & Defense
• Healthcare
• Automotive
• Others

By Composite Type:
• Carbon Fiber Composites
• Glass Fiber Composites
• Aramid and Graphene Fiber Composites

By Technology Type:
• Material Extrusion Technology
• Powder Bed Infusion
• Others

By Region:
• North America
• Western Europe
• Eastern Europe
• Asia Pacific
• Middle East
• Rest of the World

Reasons To Buy This Report:
• Market size estimation and forecast of the global 3D printed composite materials market, in terms of value and volume
• Demand and consumption of 3D printed composite materials market across regions, in terms of value and volume
• Details micro and macros economic trend and forecast analysis of the leading composites consumers across the globe
• Profiling of major companies operating in the global 3D printed composite materials market and their growth strategies
• Key success factors in the marketplace, along with emerging market trends and opportunities

Customization:
We provide customization of the study to meet specific requirements:
• Global 3D printed composite materials market, by country
• Market share analysis of market players operating in the global 3D printed composite materials market

Contact:
Quince Market Insights
Office No- A109
Pune, Maharashtra 411028
Phone: APAC +91 706 672 4848 / US +1 208 405 2835 / UK +44 121 364 6144
Email: sales@quincemarketinsights.com
Web: www.quincemarketinsights.com

ABOUT US:
QMI has the most comprehensive collection of market research products and services available on the web. We deliver reports from virtually all major publications and refresh our list regularly to provide you with immediate online access to the world's most extensive and up-to-date archive of professional insights into global markets, companies, goods, and patterns.

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